5 Accounting Specialist jobs in Qatar

Location

Doha, Qatar

Experience

8

Job Type

Recruitment

Job Description

Job Purpose:

The Lead Financial Reporting is responsible for maintaining accurate and complete records of the organization's financial transactions. S/He is responsible for collaborating with the auditors to ensure that the organization's books are in order and the applicable laws and regulations are followed.

Key Responsibilities:

Create and maintain relevant financial reports and ensure compliance with GAAP (Generally Accepted Accounting Principles).

• Prepare, analyze, and review the transactions, financial data, and reports for their organizations.

• Develop operational reporting, dashboards, key performance metrics, and trend analysis of various financial components.

• Perform audits of financial statements to ensure that they are accurate and comply with applicable laws and regulations.

• Prepare and perform monthly reconciliations, journal entries, and account analysis.

• Support the audit (internal and external) process by providing the relevant organization's financial records, and any other relevant documents that the auditors need.

• Examine and resolve audit (internal and external) findings, account discrepancies, and compliance issues.

• Evaluate and suggest changes to accounting systems and procedures for enhancing productivity.

• Publish the financial statements and handle the monthly, quarterly, and annual closing activities.

• Prepare the relevant reports on a periodic/ad-hoc basis for executing the financial reporting component of the audit.

• Perform all other duties, as assigned by the Line Manager as per business requirements.

• Perform filing of withholding and corporate taxes and generate tax reports as required.

Minimum Requirements:

• Bachelor's degree in Finance or Accounting
• Minimum 8 years of experience in Finance, preferably in the real estate sector with a minimum of 3 years in a similar role.
• Qualified CAS with Audit firm and account finalization experience.

Organization

Finance & Planning

Preferred Age

Between 30 and 50

Preferred Gender

Either

Minimum Experience

6 years of experience in similar roles in large companies or Audit firms, of which at least 3 years are in positions of progressively increasing managerial responsibilities, demonstrating a strong need for effective leadership skills. years

Qualifications

Bachelor's degree in Finance, Economics, Accounting, or Business from a reputable university is required, with an MBA being an advantageous option for candidates.

Responsibilities

. JOB PURPOSE: Execute detailed preparation and entry of journal vouchers, maintain accurate trial balances, and ensure timely reconciliation of payroll and general ledger accounts. Assist in the preparation of periodic financial statements and liaise with internal and external auditors to facilitate reviews and annual audits, while managing essential communications with financial institutions and regulatory bodies. Accounting Management - General Ledger Develop schedules and groupings for employee-related accounts and general ledger accounts to ensure accuracy and timely reporting. Outline procedures for the verification and entry of bank deposits, investments, and corresponding journal entries to align with general ledger records. Prepare and enter journal vouchers in the general ledger for all major areas including collections, ensuring complete financial documentation. Execute trial balance reviews on time to maintain financial accuracy and readiness for audits. Assist the General Accounting Manager in preparing quarterly, half-yearly, and yearly financial statements and related schedules. Conduct thorough reviews, reconciliations, and analyses of general ledger accounts to identify and resolve discrepancies. Liaise with internal and external auditors for regular reviews and annual audits, addressing any queries and ensuring compliance with auditing standards. Reconcile payroll clearing accounts and resolve any related issues in collaboration with the HR department. Verify payment documents and all incoming financial documents to ensure they meet set standards and regulations. Manage communications with banks and other agencies regarding treasury and financial functions in the absence of the treasury head as directed by the General Accounting Manager. Address any emergent issues within the financial accounting section during the normal course of business, ensuring operational continuity and compliance. Strategic Contribution Ensure effective cascading of the divisional strategy into sectional business plans to ensure vertical alignment and horizontal integration with other interfacing strategies. People Management Manage the effective achievement of assigned objectives through the leadership of the assigned section by setting of individual objectives, managing performance, developing and motivating staff to maximise sectional performance. Lead the talent development initiatives for the assigned section, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements. Budgeting and Financial Planning Manage the preparation and recommend the sectional budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines. Policies, Systems, Processes & Procedures Develop and lead the implementation of department policies, systems, processes, procedures and controls covering all areas of assigned function so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service in a consistent manner. Continuous Improvement Lead the management of change through continuous improvement of department systems, processes and practices taking into account global standards and changes in the business environment which demand proactive action plans. Reporting Ensure that all department reports are prepared timely and accurately and meet QEWC requirements, policies and quality standards. . Context, Work environment & DECISION MAKING AUTHORITY: Key decisions having a significant impact on the General Accounting department are referred to the General Accounting Manager for approval before implementation. Job holder exercises financial authority as per the level established by QEWC board and stipulated in the authority matrix. Job-Specific Skills (Generic / Technical): Demonstrated problem-solving ability and analytical thinking skills. Solid people management skills. Good understanding of power/energy and water sectors, emerging trends, technologies and key players. Proficiency in English (must) and Arabic (plus). Excellent relationship-building skills. Demonstrated negotiation and conflict resolution skills. Ability to work with key stakeholders, senior executives, management team and external partners/advisors through collaboration & teamwork. Excellent communication and presentation skills. Good understanding of Qatar and GCC culture and working environment

Lead the continuous improvement initiatives to drive efficiency in financial processes by providing accurate & timely financial reports, analyzing annual budget while ensuring compliance with rules and regulations at entity and consolidated level. Lead project financial analysis for cost optimization, business development opportunities, organizational structuring and other Nakilat defined corporate initiatives.

Key Accountabilities:

Financial Reporting

1. Lead the quarterly, half-yearly and annual consolidated financial statements within required timeline.

2. Ensure financial statements are prepared in compliance with IFRS & US GAAP.

3. Present entity level performance on CFO's quarterly review meeting.

4. Prepare quarterly Management & Board report with variance analysis and commentary.

5. Coordinate with external auditors for annual statutory audit, half-yearly review, and interim audit to ensure that all audit queries are adequately addressed and resolved in a timely manner.

6. Provide monthly OPEX cost report for Fleet Dept. to comment on variances, in collaboration with FP&R team, as needed.

Planning

7. Lead annual budget activity by seeking relevant information and explanations from budget owners.

8. Prepare entity level annual budget with analysis & explanations.

9. Prepare financial slides for JV Board meeting and present the annual budget to the JV Board.

10. Provide current year forecast for Management review on a quarterly basis.

11. Provide medium term forecast with sensitive analysis for Management to understand Company's medium-term outlook

12. View the budgets and forecasts from an organizational vantage point to analyze cost drivers and offer recommendations.

13. Present detailed analysis of G&A, manpower costs and capex for annual planning and quarterly MIS reviews.

14. Coordinate with organizational departments to prepare and analyze cost allocations (service fees, management fees, cost distribution etc.).

Due Diligence and Projects

15. Lead Nakilat growth projects (asset acquisition, long term projections, joint venture initiatives etc.) on behalf of the Finance department by providing insights on risk, reporting, cashflow etc.

16. Lead the preparation of financial reports for commercial opportunities, contract renewals, refinancing, lease renewals etc. by clearly providing potential impacts on Nakilat's financial position (pro forma financial statements) and giving relevant recommendations.

17. Act as finance expert on internal project and structure costing exercises.

18. Obtain input from all Nakilat functions to deliver vessel management fee charges on an annual basis.

19. Submit Nakilat's segment structure and model for senior management review.

Internal Controls

20. Co-ordinate with External Auditor to ensure internal controls are in alignment with RCM, ICOFR testing and remediation actions.

21. Ensure following existing control policies.

Investor Relations

22. Support Investor Relations team on Nakilat's Board meetings AGM / EGM and related communications with regulatory authorities.

23. Ensure accurate and timely submission of required reports / information to various regulatory authorities (QFMA, QSE, Statistics Dept. etc.).

Customer Centricity - Advanced

Solution Oriented - Advanced

Interactive Communication - Advanced

Collaboration & Team Work - Advanced

Financial Risk Management - Practitioner

Achievement Oriented - Intermediate

Audit Management - Practitioner

Financial Reporting & Compliance - Expert

Financial Planning and Budgeting - Expert

Drive Vision - Intermediate

Professional Accounting Standards - Specialist

Empower & Nurture Talent - Intermediate

Financial Analysis - Expert

Inventory and Fixed Assets Administration - Practitioner

General Accounting Processes - Specialist

Accounting Policies & Procedures - Specialist

Tax Strategy, Planning & Compliance - Practitioner

Management Reporting - Expert

Qualifications:

• Bachelor's degree in Finance, Accounting or any related field
• Specialized certificates are preferred, qualified or partly qualified e.g. ACCA, CA, CPA, CMA.

Experience:

• 6 – 10 years of related experience in a similar position with reputable MNC, preferably in a similar industry or Oil and Gas.

Job Specific Skills:

• Advanced knowledge of accounting and financial principles and tools. (International Financial Reporting Standards), cost accounting and management reporting.
• Knowledge of financial concepts and statistical/analytical methods and ability to use data effectively to develop, implement and manage operational plans and actions.
• Advanced experience in using SAP or similar ERP system.
• Experience working with organizational costing/allocation models to properly analyze the main driving factors of change and variances year over year.

Department: Financial Planning & Reporting

City: 1101

Job Segment: Business Development, QA, Quality Assurance, ERP, SAP, Sales, Technology, Quality

Apply now

**Kindly apply only if you fit the below requirements.

Job details: Functional**

Start Date:
Mid to End October (Immediate joiners may start earlier)

Location:
Onsite in Qatar

Job Type:
1-Year Contract (Extendable)

Compensation:
(Tax Free)
Will be discussed upon shortlist

Skills & Experience Required:

• 5-8 years of experience with 4 end-to-end implementations (3 in Oracle Fusion).
• Strong expertise in Oracle Fusion GL module and budgetary control.
• Experience with RICEW components, data migration, SIT/UAT testing, and hypercare.
• Ability to produce business requirements, solution designs, and functional documentation.
• Professional certification: CA/CFA/ACCA/CMA or equivalent (Oracle Fusion certification is a plus).
• GCC experience preferred.
• Background in consulting or public sector is highly desirable.

If interested, please share your
updated CV in Word format
and your
monthly rate expectations
to
my email.

If you're not available but know someone suitable, please feel free to forward this opportunity.

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